Predictive Maintenance Calculator

Maintenance savings from IoT condition monitoring.

Number of assets

Failures/asset/year

Downtime per failure (hrs)

Downtime cost ($/hr)

Repair cost per failure ($)

PdM failure reduction (%)

Sensor cost per asset ($)

PdM platform ($/mo)

Tab to move between fields

Annual savings ($)

$822,000

Current annual cost ($)$2,150,000

PdM annual cost ($)$1,328,000

ROI (%)5,871

Failures prevented/yr20

Payback period (months)0.1

How to Use This Calculator

Enter the number of assets to monitor and current failure rate (failures per asset per year).
Set average downtime hours per failure and downtime cost per hour (lost revenue + idle labor).
Enter average repair cost per failure and expected PdM failure reduction percentage.
Input sensor cost per asset and monthly PdM platform cost.
Review Annual savings, ROI (%), and Payback period (months) to justify the investment.

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